Microchip Technology (MCHP)
NASDAQ:MCHP
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MCHP Stock Chart & Stats
$78.76
-$1.00(-1.74%)
At close: 4:00 PM EST
$78.76
-$1.00(-1.74%)
Day’s Range― - ―
52-Week Range$48.52 - $105.91
Previous CloseN/A
Volume1.74M
Average Volume (3M)12.16M
Market Cap
$47.67B
Enterprise Value$56.31B
Total Cash (Recent Filing)$240.30M
Total Debt (Recent Filing)$5.54B
Price to Earnings (P/E)331.1
Beta2.05
Next Earnings
Aug 04, 2026EPS Estimate
0.7Next Dividend Ex-DateN/A
Dividend Yield2.79%
Share Statistics
EPS (TTM)0.26
Shares Outstanding542,079,300
10 Day Avg. Volume13,302,519
30 Day Avg. Volume12,161,510
Financial Highlights & Ratios
PEG Ratio-0.04
Price to Book (P/B)5.44
Price to Sales (P/S)7.42
P/FCF Ratio40.17
Enterprise Value/Market Cap1.18
Enterprise Value/Revenue11.95
Enterprise Value/Gross Profit20.69
Enterprise Value/Ebitda40.20
Forecast
1Y Price Target
$113.55Price Target Upside44.17% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering21
EPS Forecast (FY)3.15
Revenue Forecast (FY)$6.17B
Bulls Say, Bears Say
Bulls Say
Strong Free Cash Flow GenerationSustained FCF (~$871M in 2026, +6.2% YoY) provides durable internal financing for R&D, capital expenditures, dividends or buybacks. Reliable cash conversion cushions the business through semiconductor cycles and funds strategic initiatives without heavy reliance on external capital.
Improved Leverage And Balance-sheet ResilienceMaterial decline in debt-to-equity to ~0.85 and sizable equity (~$6.4B) indicate a healthier capital structure. Lower leverage reduces interest burden and increases financial flexibility for M&A or cyclical downturns, strengthening the firm's long-term resilience.
Diversified Product Mix And End-market ExposureA broad portfolio (MCUs, analog, power, timing, connectivity, memory and tools) across multiple end markets reduces reliance on any single sector. Diversification plus development tools helps secure design wins and recurring unit shipments, supporting durable revenue streams.
Bears Say
Sharp Profitability CompressionA collapse in margins from mid-30s to ~10% operating and net margin to ~4% signals structural margin pressure or adverse mix shifts. Persistently lower profitability weakens returns, limits reinvestment capacity, and threatens the long-term ability to convert revenue into shareholder value.
Revenue Volatility Across CyclesMaterial swings in top-line growth across recent years imply sensitivity to end-market demand and design-win timing. Ongoing volatility complicates capacity planning, forecasting and investment decisions, increasing execution risk over a multi-quarter horizon.
Operating Cash Below EBITDA; Working-capital PressurePersistent OCF below EBITDA and coverage <1.0 point to working-capital or timing issues reducing cash-conversion quality. If durable, this can constrain available liquidity for investment or payouts and indicates earnings may be less cash-backed than headline profits suggest.
Microchip News
MCHP FAQ
What was Microchip Technology’s price range in the past 12 months?
Microchip Technology lowest stock price was $48.52 and its highest was $105.91 in the past 12 months.
What is Microchip Technology’s market cap?
Microchip Technology’s market cap is $47.67B.
When is Microchip Technology’s upcoming earnings report date?
Microchip Technology’s upcoming earnings report date is Aug 04, 2026 which is in 37 days.
How were Microchip Technology’s earnings last quarter?
Microchip Technology released its earnings results on May 07, 2026. The company reported $0.57 earnings per share for the quarter, beating the consensus estimate of $0.505 by $0.065.
Is Microchip Technology overvalued?
According to Wall Street analysts Microchip Technology’s price is currently Undervalued.
Does Microchip Technology pay dividends?
Microchip Technology pays a Quarterly dividend of $0.455 which represents an annual dividend yield of 2.79%. See more information on Microchip Technology dividends here
What is Microchip Technology’s EPS estimate?
Microchip Technology’s EPS estimate is 0.7.
How many shares outstanding does Microchip Technology have?
Microchip Technology has 542,079,300 shares outstanding.
What happened to Microchip Technology’s price movement after its last earnings report?
Microchip Technology reported an EPS of $0.57 in its last earnings report, beating expectations of $0.505. Following the earnings report the stock price went down -2.451%.
Which hedge fund is a major shareholder of Microchip Technology?
Currently, no hedge funds are holding shares in MCHP
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Microchip Stock Smart Score
Neutral
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Analyst Consensus
Strong Buy
Average Price Target:
$113.55 (44.17% Upside)
$113.55 (44.17% Upside)
Blogger Sentiment
Bullish
MCHP Sentiment 70%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Increased
By 426.8K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $4.2M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 1.4%
Last 30 Days ▲ 13.8%
Last 30 Days ▲ 13.8%
News Sentiment
Bearish
Bullish news 33%
Bearish news 67%
Bearish news 67%
Technicals
SMA
Positive
20 days / 200 days
Momentum
27.60%
12-Months-Change
Fundamentals
Return on Equity
3.05%
Trailing 12-Months
Asset Growth
-6.53%
Trailing 12-Months
Company Description
Microchip Technology
Microchip Technology Incorporated creates, produces, and sells intelligent, interconnected, and secure embedded control solutions to customers throughout the Americas, Europe, and Asia. The company's core offerings include a range of microcontrollers, such as general-purpose 8-bit, 16-bit, and 32-bit models, as well as 32-bit embedded microprocessors. These specialized microcontrollers are designed for numerous applications across industries like automotive, industrial, computing, communications, lighting, power supplies, motor control, human-machine interfaces, security, and various wired and wireless connectivity needs. Beyond its processors, Microchip provides development tools that enable system designers to program its microcontroller and microprocessor units for specific tasks. Its product lineup also features Field-Programmable Gate Arrays (FPGAs) and a broad selection of analog, interface, mixed-signal, and timing components. This extensive category encompasses power management, linear, high-voltage, thermal management, discrete diodes and MOSFETs, radio frequency (RF), drivers, safety, security, USB, Ethernet, wireless, and other interface products. For compact device applications, the company supplies memory products such as serial EEPROM, serial and parallel flash, serial SRAM, and serial EERAM. A significant aspect of Microchip's business involves licensing its SuperFlash embedded flash and NVM technologies. These are provided to foundries, integrated device manufacturers, and design partners for use in manufacturing their own microcontrollers, gate arrays, RF, analog, and neuromorphic computing products that require integrated non-volatile memory. Moreover, Microchip delivers engineering services, along with wafer foundry, assembly, and test subcontracting manufacturing services. It also produces specialized timing systems, application-specific integrated circuits (ASICs), and aerospace products. Microchip Technology Incorporated was established in 1989 and is headquartered in Chandler, Arizona.
MCHP Company Deck
MCHP Earnings Call
Q4 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call presents a constructive operational and financial recovery: revenue and backlog strengthened materially (Q3 net sales +4% sequential, +15.6% YoY; March guidance +6.2% sequential), non-GAAP margins and free cash flow improved, and the company announced meaningful design wins and strategic partnerships (Hyundai, Gen6 PCIe wins). However, noteworthy near-term headwinds remain — inventory days are high, meaningful inventory reserves and underutilization charges continue, leverage is still elevated (net debt/EBITDA 4.18) and certain supply-chain/foundry constraints are broadening. Management is prioritizing debt reduction and cautious OpEx discipline while investing to support growth. On balance, the positive execution, improving demand and strong guidance outweigh the operational and balance-sheet challenges.View all MCHP earnings summariesMCHP Revenue Breakdown
49.98% Mixed-signal Microcontrollers
28.20% Analog
21.83% Other
MCHP Stock 12 Month Forecast
Average Price Target
$113.55
▲(44.17% Upside)
Technical Analysis
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Ownership Overview
1.78% Insiders
24.83% Mutual Funds
20.94% Other Institutional Investors
15.03% Public Companies and Individual Investors